Situation

Realtor.com uses Zuora application for revenue management, billing, collections, quoting and revenue recognition, but due to the limitations of the application Realtor sought to replace it with Oracle. Realtor wanted to automate the complex revenue processes to produce consistent and accurate revenue data quickly and easily.

Other challenges Realtor sought include:

  • Mapping of Zoura functionality with Sales Force and RMCS for revenue recognition approach with values permutation and calculations.
  • Solutioning to accommodate high volume of Zoura data with one-time load and monthly, quarterly and half yearly data incremental loads.

AST has pioneered in dealing with Oracle solutions, collaborated with Realtor.com in the past and worked with Oracle to make sure the current solution is a clever way to solve the client's requirements. Great work everyone!

Prasad Nettem VP, ERP, AST

AST has pioneered in dealing with Oracle solutions, collaborated with Realtor.com in the past and worked with Oracle to make sure the current solution is a clever way to solve the client's requirements. Great work everyone!

Prasad Nettem VP, ERP, AST

Solutions & Benefits

Considering the business requirements of Realtor, AST recommended the Quantity Model for solutioning various requirements. AST found it not feasible to use the ‘Period’ satisfaction measurement model because the revenue recognition process was not able accomplish the customer desired functionalities.

AST provided solution which enabled the customer to hold revenue recognition till the cash was received and applied to the invoice. Since, the quantity model was not automated, AST defined the prototype of all transaction happening in Salesforce. Based on Billing Revenue cycle, the entries are created in RMCS and recognized as per the accounting period. Realtor team recognize revenue in two ways based on billing and on collection received against the billing.

Other benefits include:

  • Implementation of Revenue Management Cloud Services with all the functionality required for the realtor’s vertical
  • Subscription-based model where revenue recognized on cash collection applied to invoice
  • Seamless integration between SFDC and Oracle RMCS
  • Revenue reconciliation between SFDC while loading the data and post with General Ledger
  • More flexibility available to perform revenue recognition as per business rules and requirements
  • Forecasting done of deferred Revenue as per Business requirement
Industry: Real Estate Services

Solution Components:

  • Revenue Management Cloud Services
why ast poster why ast poster

Why AST?


Realtor.com benefitted from AST’s technical expertise and industry experience that has enabled them to produce consistent and accurate revenue data quickly and easily in the organization.